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Shareholders

Question for Department for Business, Energy and Industrial Strategy

UIN 105220, tabled on 14 September 2017

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce legislative proposals to prohibit nominee shareholdings.

Answered on

10 October 2017

Shareholding through nominee accounts is commonly used for legitimate investment and commercial reasons. The Government has no plans to introduce legislative proposals to prohibit nominee shareholdings.

Answered by

Department for Business, Energy and Industrial Strategy